Covenant Transportation Group Selects ORBCOMM for Fleet-Wide Cold Chain Telematics Solution
29 December 2016 - 1:54AM
Business Wire
Optimizes temperature compliance and asset
utilization across refrigerated trailer fleet
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of
Machine-to-Machine (M2M) and Internet of Things (IoT) solutions,
today announced that Covenant Transportation Group (CTG), one of
the top truckload providers in the United States, has selected
ORBCOMM to provide its industry-leading cold chain telematics
solution to track, monitor and control its fleet of refrigerated
trailers at Covenant Transport and Southern Refrigerated Transport.
ORBCOMM will provide cellular connectivity, state-of-the-art
hardware, wireless fuel and door sensors, along with a web-based
reporting platform for optimal fleet management.
Headquartered in Chattanooga, TN, CTG will use ORBCOMM’s cold
chain telematics solution to provide comprehensive temperature,
fuel management and maintenance data for its refrigerated trailer
fleet. Leveraging ORBCOMM’s proven solution, CTG will fully
integrate the data with its proprietary back-office platform to
optimize temperature compliance and asset utilization. ORBCOMM’s
advanced solution also integrates closely with TMW Systems’
TMWSuite® transportation management platform. The TMWSuite® two-way
interface enables CTG to capture near real-time trailer data,
including operational condition and GPS position, through one
comprehensive system.
“We are pleased to have been chosen by CTG to launch their cold
chain telematics initiative, which further demonstrates that
ORBCOMM is the solution provider of choice in the transportation
market,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer.
“ORBCOMM’s cold chain monitoring solution provides full asset
visibility and control to protect refrigerated cargo and maximize
utilization, which will help CTG enable temperature management and
improve the efficiency of their cold chain operations.”
“Partnering with a technology leader like ORBCOMM ensures that
we are getting a best-in-class telematics solution backed by
superior customer support to manage and control our U.S.-based
reefer trailer operations,” said Doug Schrier, CTG’s Vice President
of Continuous Improvement and Program Management. “By improving
asset visibility and enabling full temperature compliance according
to the FDA’s Food Safety Modernization Act regulations, we can
provide our customers with a higher level of service and peace of
mind that their perishable cargo will move along the chain safely
and efficiently.”
CTG will begin installing the ORBCOMM solution immediately and
expects to complete full fleet deployment by the end of 2017.
About ORBCOMM Inc.
ORBCOMM Inc. (Nasdaq: ORBC) is a leading global provider of
Machine-to-Machine (M2M) communication solutions and the only
commercial satellite network dedicated to M2M. ORBCOMM’s unique
combination of global satellite, cellular and dual-mode network
connectivity, hardware, web reporting applications and software is
the M2M industry’s most complete service offering. Our solutions
are designed to remotely track, monitor, and control fixed and
mobile assets in core vertical markets including transportation
& distribution, heavy equipment, industrial fixed assets, oil
& gas, maritime, mining and government.
With nearly 20 years of innovation and expertise in M2M, ORBCOMM
has more than 1.69 million subscribers with a diverse customer base
including premier OEMs such as Caterpillar Inc., Doosan Infracore
America, Hitachi Construction Machinery Co., Ltd., John Deere,
Komatsu Ltd., and Volvo Construction Equipment, as well as
end-to-end solutions customers such as C&S Wholesale, Canadian
National Railways, CR England, Hub Group, KLLM Transport Services,
Marten Transport, Swift Transportation, Target, Tropicana, Tyson
Foods, Walmart and Werner Enterprises. For more information, visit
www.orbcomm.com.
About Covenant Transportation Group
Covenant Transportation Group, Inc. is the holding company for
several transportation providers that offer premium services for
customers throughout the United States. The consolidated group
includes operations from Covenant Transport and Covenant Transport
Solutions of Chattanooga, Tenn.; Southern Refrigerated Transport of
Texarkana, Ark.; and Star Transportation of Nashville, Tenn. The
group operates one of the 15 largest fleets in North America, as
measured by revenue. The Company's Class A common stock is traded
on the NASDAQ National Market under the symbol CVTI.
Forward-Looking Statements
Certain statements discussed in this press release constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements generally relate to our plans, objectives and
expectations for future events and include statements about our
expectations, beliefs, plans, objectives, intentions, assumptions
and other statements that are not historical facts. Such
forward-looking statements, including those concerning the
Company’s expectations, are subject to known and unknown risks and
uncertainties, which could cause actual results to differ
materially from the results, projected, expected or implied by the
forward-looking statements, some of which are beyond the Company’s
control, that may cause the Company’s actual results, performance
or achievements, or industry results, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. In addition, specific
consideration should be given to various factors described in Part
I, Item 1A. “Risk Factors” and Part II, Item 7. “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations,” and elsewhere in our Annual Report on Form 10-K for
the year ended December 31, 2015, and other documents, on file with
the Securities and Exchange Commission. The Company undertakes no
obligation to publicly revise any forward-looking statements or
cautionary factors, except as required by law.
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ORBCOMM Inc.For Investors:Michelle Ferris,
+1-703-433-6516Director of Corporate
Communicationsferris.michelle@orbcomm.comorFor Trade
Media:Sue Rutherford, +1-613-254-5269VP of
Marketingrutherford.sue@orbcomm.com
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